Vivek Chandra
The Law of the Sea and Maritime Boundary Disputes in Areas of Hydrocarbon Potential: A Review of Global Hot Spots
The Law of the Sea and Maritime Boundary Disputes in Areas of Hydrocarbon Potential: A Review of Global Hot Spots
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The United Nations Convention on the Law of Sea (UNCLOS) is a significant multilateral legal agreement, but it has shortcomings in maritime boundary disputes involving hydrocarbon resources. This monograph examines the relationship between UNCLOS and maritime boundaries in five non-polar regions, including the eastern Mediterranean, the Caspian Sea, the Persian Gulf, northeast Asia, and the South China Sea. It evaluates the history and future applicability of multilateral Joint Development Area agreements for each region and makes practical suggestions for new paradigms for resolving outstanding disputes, promoting lasting peace, and generating economic benefits.
Format: Hardback
Length: 248 pages
Publication date: 22 September 2023
Publisher: Taylor & Francis Ltd
The United Nations Convention on the Law of the Sea (UNCLOS) is widely recognized as one of the most significant multilateral legal agreements in recent decades. While it has achieved significant progress in governing the rights and responsibilities of states in the world's oceans, it also faces certain shortcomings, particularly in addressing maritime boundary disputes involving hydrocarbon resources. This monograph delves into the intricate relationship between UNCLOS and maritime boundaries in five non-polar regions, which account for nearly 90% of global unresolved disputes related to offshore hydrocarbon development. The selection of these regions is based on their significant oil and gas resources potential and the recent military skirmishes that have the potential to escalate into broader regional confrontations.
The book examines the maritime boundary status of each region within the framework of specific articles of UNCLOS that have been exploited by disputing states to justify their overlapping claims. It explores the historical background and future applicability of multilateral Joint Development Area agreements as potential cooperative solutions to resolve ongoing tensions. The monograph also highlights the limitations of current approaches to dispute resolution, such as "gun-boat diplomacy," and proposes innovative paradigms for resolving outstanding disputes, promoting lasting peace, and maximizing economic benefits resulting from resource development.
In conclusion, this monograph provides a comprehensive analysis of the relationship between UNCLOS and maritime boundaries in five non-polar regions. It sheds light on the challenges and opportunities faced by these regions in managing their hydrocarbon resources and resolving maritime disputes. By examining the historical context, legal framework, and practical implications, the book offers valuable insights into the future of international maritime law and governance.
Weight: 620g
Dimension: 234 x 156 (mm)
ISBN-13: 9781032346168
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